AI/machine learning
Best practices are not static; they evolve alongside advancements that redefine what is achievable.
New strides in computer vision, well controls indicators, and BOP alignment were showcased at the recent Offshore Technology Conference.
Gautam Swami, manager of corporate R&D at NOV and SPE member, shares his experiences in building a career in oil and gas R&D, discusses how innovation is shaping the industry, and offers guidance to young professionals.
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Incorporating imagination into AI agents has long been an elusive goal of researchers in the space. Imagine AI programs that are able not only to learn new tasks but also to plan and reason about the future.
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In addition to the well-recognized elements of digital transformation such as real-time monitoring, remote intelligence, and extraction of insights from data, there is a need to evolve the industry hardware through application of enhanced edge computing.
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The complete paper provides an approach using machine-learning and sequence-mining algorithms for predicting and classifying the next operation based on textual descriptions.
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The complete paper describes an automated machine-learning approach to determine the spatial variation in decline type curves for shale gas production, based on existing data of production, completion, and geological parameters.
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Deep learning is routinely used in products and services that affect hundreds of millions of lives, despite the fact that no one quite understands how it works. Now, the Office of Naval Research has awarded a $7.5 million grant to a group of researchers who think they can unravel the mystery.
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“Being mindful is about being intentional,” said Ahmer Inam, chief AI officer at technology consulting firm Pactera Edge. “Mindful AI is about being aware and purposeful about the intention of, and emotions we hope to evoke through, an artificially intelligent experience.”
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Advanced machine-learning methods combined with aspects of game theory are helping operators understand the drivers of water production and improve forecasting and economics in unconventional basins.
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Decline-curve analysis is one of the more widely used forms of data analysis that evaluates well behavior and forecasts production and reserves. This paper presents technologies that apply DCA methods to wells in an unbiased, systematic, intelligent, and automated fashion.
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The complete paper discusses optimization of a development plan involving low-salinity water injection.
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Using 3D and artificial intelligence technologies, a digital map of all three bridge-linked jackets was captured, enabling Neptune to detect asset-integrity issues early and plan fabric maintenance work on Cygnus.